What we have here, is a progressive tax code, which by all measure, points out how much of an abject failure Modern Liberalism.. is... has been... will always be. IS IT any wonder that nearly 45% of the population vote for government? How about asking a college graduate to properly describe our country’s form of government. MORE abject failure… I simply don’t see any other outcome but full blown economic collapse, because the producers say… no more.

You know what? If the progressives would stop yelling about other people paying their fare share .... Perhaps we could actually have a productive conversation on a national level about helping those that really do need the help.

Another misleading bit of information from the right. The feds collect almost as much in payroll taxes as they do in income taxes, of course, the bottom four quintiles pay the lion's share of payroll taxes.

The reality:

Quote:

The top 20% makes a little more than half the money and pays about two-thirds of the federal taxes.

What could be done with all the money that has been hoarded by the Economic Elite is extraordinary!

Let's consider what we could do with the money that has been stolen from us? On top of what should be our average six-figure yearly income, we could have:

* Free health care for every American,
* A free 4 bedroom home for every American family,
* 5% tax rate for 99% of Americans,
* Drastically improved public education and free college for all,
* Significantly improved public transportation and infrastructure,

The list goes on...

This is not some far-fetched fantasy. These are all things that Franklin D. Roosevelt talked about doing in the 1940's, long before the explosion of wealth creation in our technologically advanced global economy. The money for all this is already there, stashed into the claws of the Economic Elite. The denial of wealth to the masses is the key to the Economic Elite's power. Outside of outdated and obsolete economic models and theories -- and incredibly short-sighted greed -- there is no reason why all this money should be kept in the hands of a few, at the immense suffering and expense of the many.

If Americans could just understand how much wealth is being withheld from us, we would have a massive uprising and the Economic Elite would be swept away, into the history books alongside the evil despots of the past.

All we need is a leader with the vision to take it away from them and give it to the needy. Oh wait, we already have one of those. Well, for just a few more months until he is swept into the ashheap of history.

Another misleading bit of information from the right. The feds collect almost as much in payroll taxes as they do in income taxes, of course, the bottom four quintiles pay the lion's share of payroll taxes.

Federal tax liabilities are the amount of federal taxes a household owes based on income
earned in a year, regardless of when the taxes are paid. In assessments of the impact of various
taxes, individual income taxes are allocated directly to households paying those taxes. Social
insurance, or payroll, taxes are allocated to households paying those taxes directly or paying
them indirectly through their employers. Corporate income taxes are allocated to households
according to their shares of capital and labor income. Excise taxes are allocated to households
according to their consumption of the taxed good or service.

His is income tax, yours is all Fed taxes, including excise and those paid by an employer.